大华股份：2024Third Quarter Report
Stock Code: 002236 Stock Name: Dahua Technology Announcement No.: 2024-077
Zhejiang Dahua Technology Co., Ltd.
2024 Third Quarter ReportThe Company and all members of the Board of Directors hereby guarantee that the information disclosed herein isauthentic, accurate and complete and free of any false records, misleading statements, or material omissions.Important Content Reminder:
1. The Board of Directors, the Board of Supervisors, directors, supervisors and senior management members of the Companyhereby guarantee that the information presented in this quarterly report is authentic, accurate, complete and free of any falserecords, misleading statements or material omissions, and they will bear joint and several liability for such information.
2. The Company's legal representative, chief accountant, and person in charge of accounting institution (Accounting Officer)hereby declare and warrant that the financial statements in the quarterly report are authentic, accurate, and complete.
3. Whether the Q3 report has been audited.
□ Yes ?No
This document is a translated version of the Chinese version 2024 Q3report("2024年第三季度报告"), and thepublished Q3Report in the Chinese version shall prevail.
I. Key Financial Data
(I) Key Accounting Data and Financial IndexesWhether the Company needs retroactive adjustment or restatement of accounting data in prior years or not
□ Yes ?No
| Current reporting period | Increase/Decrease of the Current Reporting Period Compared with the Same Period of the Previous Year | From the Beginning of the Year to the End of the Current Reporting Period | Increase/Decrease of the Period from the Beginning of the Year to the End of the Current Reporting Period Compared with the Same Period of the Previous Year | |
| Operating revenue (RMB) | 7,583,459,308.10 | -0.80% | 22,450,081,877.91 | 0.77% |
| Net profit attributable to shareholders of the listed Company (RMB) | 735,420,826.51 | 19.75% | 2,545,010,271.97 | -1.74% |
| Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses (RMB) | 499,230,279.03 | -22.91% | 2,261,467,748.56 | -5.87% |
| Net cash flow generated by operational activities (RMB) | — | — | -124,915,721.70 | -109.43% |
| Basic Earnings per Share (RMB/Share) | 0.23 | 21.05% | 0.78 | -4.88% |
| Diluted Earnings per Share (RMB/Share) | 0.23 | 21.05% | 0.78 | -4.88% |
| Weighted Average ROE | 2.05% | 0.17% | 7.16% | -1.36% |
| End of this reporting period | End of the last year | Increase/decrease ratio at the end of the current reporting period compared with the end of last year | ||
| Total assets (RMB) | 50,983,661,105.93 | 52,881,927,214.00 | -3.59% | |
| Owners' Equity Attributable to Shareholders of the Listed Company (Unit: RMB) | 35,763,617,090.35 | 34,719,173,825.42 | 3.01% | |
(II) Non-recurring Gains and Losses and Their Amounts
?Applicable □ Not applicable
Unit: RMB
| Item | Amount in the Current Reporting Period | The Amount from the Beginning of the Year to the End of the Current Reporting Period | Note |
| Profits or losses from disposal of non-current assets (including the write-off for the accrued impairment of assets) | -427,851.56 | 104,462,047.17 | |
| The government subsidies included in the current profits and losses (excluding the government subsidies closely related to regular businesses of the Company, in line with national policies, entitled to according to the established standard, and continuously impacting the Company’s profits and losses) | 30,227,022.82 | 111,696,703.53 | |
| Profits and losses resulting from the changes in fair value for financial assets and financial liabilities held by non-financial enterprises, and from disposal of financial assets and liabilities, excluding the effective hedging businesses related to the regular business operation of the Company | 68,525,969.55 | 23,031,427.10 | |
| Gains or losses from investment or asset management entrusted to others | 177,349,278.44 | 81,972,848.20 | |
| Reversal of the receivables depreciation reserves for separate impairment test | 1,627,771.57 | 4,195,555.37 | |
| Profits and losses on debt restructuring | -70,000.00 | ||
| Non-Operating Revenue and expenses other than the above | 3,731,650.01 | 7,724,746.02 | |
| Other gains and losses items that fit the definition of non-recurring gains and losses | -1,833,839.60 | ||
| Less: Impact of income tax | 40,381,267.94 | 31,937,349.50 | |
| Impact of minority equity (after tax) | 4,462,025.41 | 15,699,614.88 | |
| Total | 236,190,547.48 | 283,542,523.41 | -- |
Other gains or losses that fit the definition of non-recurring gains or losses:
□ Applicable ? Not applicable
The Company has no other gains or losses that fit the definition of non-recurring gains or losses.Explanation of situations where non-recurring gains and losses specified in the No. 1 Explanatory Announcement on InformationDisclosure for Companies Issuance Their Securities to the Public - Non-recurring Gains and Losses are classified as recurring gainsand losses
□ Applicable ? Not applicable
The Company did not define any non-recurring gains and losses listed in the No. 1 Explanatory Announcement on InformationDisclosure for Companies Issuance Their Securities to the Public - Non-recurring gains and losses as recurring gains and losses.(III) The Changes in key accounting data and financial indexes and the reasons for such changes
?Applicable □ Not applicable(I) The changes in the Balance Sheet items and the reasons for such changes
1. Monetary funds decreased by 43.87% compared to the beginning of the year, mainly due to the purchase of large-denomination certificates of deposit and repayment of loans during the period;
2. Trading financial assets increased by 24,933.41% compared to the beginning of the year, mainly due to the adjustment of theinvestments in SMARTSENS to trading financial assets for accounting purpose;
3. The amount of prepayments increased by 79.47% compared to the beginning of the year, mainly due to the increase inprepayments for raw materials;
4. Dividends receivable decreased by 100.00% compared to the beginning of the year, due to the collection of dividendsreceivable during the period;
5. Other current assets decreased by 31.65% compared to the beginning of the year, mainly due to the decrease in the amountof reverse repurchase of national debt at the end of the period compared to the beginning of the period;
6. Other non-current assets increased by 1,929.06% compared to the beginning of the year, mainly due to the purchase of large-denomination certificates of deposit from banks;
7. Short-term loans increased by 35.26% compared to the beginning of the year, mainly due to the increase in the amount ofdiscounted bills compared to the beginning of the period;
8. Trading financial liabilities increased by 5,305.92% compared to the beginning of the year, mainly due to the change in the fairvalue of contingent consideration;
9. Salaries and wages payable to employees decreased by 50.59% compared to the beginning of the year, mainly due to thepayment of last period's year-end bonuses during the period;
10. Taxes payable decreased by 75.01% compared to the beginning of the year, mainly due to the decrease in value-added taxpayable and corporate income tax payable at the end of the period compared to the same period last year;
11. Non-current liabilities due within one year decreased by 85.73% compared to the beginning of the year, mainly due to therepayment of matured loans during the period;
12. Lease liabilities decreased by 32.19% compared to the beginning of the year, mainly due to the payment of rental incomeduring the period;
13. Deferred income tax liabilities decreased by 38.18% compared to the beginning of the year, mainly due to the decrease intaxable temporary differences;
14. Other comprehensive income increased by 74.59% compared to the beginning of the year, mainly due to the increase inforeign currency conversion differences caused by exchange rate fluctuations.(II) The changes of items in the income statement and the reasons
1. Interest expenses decreased by 48.79% compared to the same period last year, primarily due to the reduction in borrowingsand interest expenses during the period;
2. Interest income increased by 64.36% compared to the same period last year, mainly due to the increase in deposit interest;
3. Investment income increased by 325.33% compared to the same period last year, mainly due to the increase in investmentincome recognized for the joint-stock companies in the current period compared to the same period last year;
4. Gains from changes in fair value decreased by 72.24% compared with the same period last year, mainly due to changes in fairvalue of trading financial assets and other non-current financial assets;
5. Credit impairment losses increased by 34.94% compared to the same period last year, mainly due to the increase in accruedbad debt during the period compared to the same period last year;
6. Non-operating revenue increased by 54.94% compared to the same period last year, mainly due to the increase in liquidateddamages during the period compared to the same period last year;
7. Income tax expense decreased by 110.80% compared to the same period last year, mainly due to the increase in the keysoftware enterprises' impact on the income tax during the period compared to the same period last year.(III) The changes of items in the cash flow statement and the reasons
1. Net cash flow from operating activities decreased by 109.43% compared to the same period last year, mainly due to theincrease in purchasing expenditures, cash paid to employees, and taxes paid compared to the same period last year.
2. Net cash flow from investing activities decreased by 341.57% compared to the same period last year, mainly due to theincrease in the expenditure on large-denomination certificates of deposit during the period compared to the same period lastyear;
3. Net cash flow from financing activities decreased by 178.97% compared to the same period last year, mainly due to the receiptof raised funds amounting to RMB 50.96 billion in the same period last year.
II. Information on Shareholders(I) The total number of common stock shareholders, the number of preferred stock shareholders whosevoting rights have been restored, and the shareholdings of the top 10 shareholders
Unit: share
| Total Number Of Common Shareholders At The End Of The Reporting Period | 182,930 | Total Number of Preferred Shareholders (If Any) Whose Voting Rights have been Recovered at the End of the Reporting Period | 0 | |||
| Shareholdings of the top 10 shareholders (excluding shares lent by refinancing) | ||||||
| Name of Shareholder | Nature of Shareholder | Shareholding Percentage | Number of shares held | Number of shares held with limited sales conditions | Pledges, markings or freezings | |
| State Of Shares | Quantity | |||||
| Fu Liquan | Domestic Natural Person | 31.10% | 1,023,868,980 | 767,901,735 | Pledge | 154,200,000 |
| China Mobile Communications Group Co., Ltd. | State-owned Legal Person | 8.90% | 293,103,400 | 293,103,400 | Not applicable | 0 |
| Zhu Jiangming | Domestic Natural Person | 4.82% | 158,669,490 | 0 | Not applicable | 0 |
| Chen Ailing | Domestic Natural Person | 2.16% | 71,262,813 | 53,447,110 | Pledge | 31,800,000 |
| Wu Jun | Domestic Natural Person | 2.10% | 69,172,886 | 51,879,664 | Not applicable | 0 |
| Hong Kong Securities Clearing Co. Ltd. | Overseas Legal Person | 2.05% | 67,632,357 | 0 | Not applicable | 0 |
| China Securities Finance Co., Ltd. | Domestic Non-state-owned Legal Person | 1.20% | 39,611,241 | 0 | Not applicable | 0 |
| Industrial and Commercial Bank of China Limited - Huatai-PineBridge CSI 300 Exchange-traded Open-end Index Securities Investment Fund | Others | 1.17% | 38,501,630 | 0 | Not applicable | 0 |
| FORESEA Life Insurance Company Limited - participating insurance | Others | 1.07% | 35,219,084 | 0 | Not applicable | 0 |
| China Construction Bank Stock Corporation - E | Others | 0.77% | 25,240,743 | 0 | Not applicable | 0 |
| Fund CSI 300 Exchange Traded Open-End Index-Initiated Securities Investment Fund | |||||
| Shareholding of the top 10 unlimited sale condition shareholders (excluding shares lent through refinancing and lock-up shares for senior management) | |||||
| Name of Shareholder | Number of shares held without limited sales condition | Types and quantities of shares | |||
| Type of shares | Quantity | ||||
| Fu Liquan | 255,967,245 | RMB common stock | 255,967,245 | ||
| Zhu Jiangming | 158,669,490 | RMB common stock | 158,669,490 | ||
| Hong Kong Securities Clearing Co. Ltd. | 67,632,357 | RMB common stock | 67,632,357 | ||
| China Securities Finance Co., Ltd. | 39,611,241 | RMB common stock | 39,611,241 | ||
| Industrial and Commercial Bank of China Limited - Huatai-PineBridge CSI 300 Exchange-traded Open-end Index Securities Investment Fund | 38,501,630 | RMB common stock | 38,501,630 | ||
| FORESEA Life Insurance Company Limited - participating insurance | 35,219,084 | RMB common stock | 35,219,084 | ||
| China Construction Bank Stock Corporation - E Fund CSI 300 Exchange Traded Open-End Index-Initiated Securities Investment Fund | 25,240,743 | RMB common stock | 25,240,743 | ||
| National Social Security Fund 103 | 25,000,000 | RMB common stock | 25,000,000 | ||
| New China Life Insurance Company Limited - Traditional - general insurance - 018L-CT001 Shen | 24,321,736 | RMB common stock | 24,321,736 | ||
| New China Life Insurance Company Limited - dividend- personal dividend - 018L-FH002 Shen | 21,146,696 | RMB common stock | 21,146,696 | ||
| Description of the association relationship or concerted action of above-mentioned shareholders | Mr. Fu Liquan and Ms. Chen Ailing are husband and wife. The Company Is Unaware Of Whether Other Shareholders Have Associated Relationship Or Are Persons Acting In Concert | ||||
| Explanation On Top Ten Shareholders’ Participation In Securities Margin Trading (If Any) | Not applicable | ||||
Shareholders holding more than 5% of shares, the top 10 shareholders and the top 10 shareholders without limited outstandingshares participating in the lending of shares through refinancing?Applicable □ Not applicable
Unit: share
| Shareholders holding more than 5% of shares, the top 10 shareholders and the top 10 shareholders without limited outstanding shares participating in the lending of shares through refinancing | ||||
| Name of Shareholde | Shares held in ordinary accounts and credit | Shares lent through refinancing but have not | Shares held in ordinary accounts and credit | Shares lent through refinancing but have not |
| r (full name) | accounts at the beginning of the period | been returned yet at the beginning of the period | accounts at the end of the period | been returned yet at the end of the period | ||||
| Total quantity | Proportion to total share capital | Total quantity | Proportion to total share capital | Total quantity | Proportion to total share capital | Total quantity | Proportion to total share capital | |
| Industrial and Commercial Bank of China Limited - Huatai-PineBridge CSI 300 Exchange-traded Open-end Index Securities Investment Fund | 14,723,730 | 0.45% | 146,800 | 0.00% | 38,501,630 | 1.17% | 0 | 0.00% |
| Fund | 5,466,300 | 0.17% | 83,900 | 0.00% | 25,240,743 | 0.77% | 0 | 0.00% |
Changes in top 10 shareholders and top 10 shareholders without limited outstanding shares over the previous period due torefinancing, lending/returning
□ Applicable ? Not applicable
(II) The total number of preferred stock shareholders and the shareholdings of the top 10 preferred stockshareholders
□ Applicable ? Not applicable
III. Other Significant Matters
?Applicable □ Not applicable
1. During the reporting period, the company, after joint review and approval by the Board of Directors and the general meetingof shareholders, implemented the 2024 semi-annual profit distribution scheme. Based on the company's share capital of3,272,527,089 shares after deducting the repurchased shares, a cash dividend of 1.84 Yuan (tax included) will be distributed to
all shareholders for every 10 shares owned, totaling 602,144,984.38 Yuan in cash dividends. This distribution will not involve theconversion of capital reserve into share capital and will not issue bonus shares; the remaining undistributed profit will bereserved for subsequent distribution.
2. During the reporting period, the company implemented the semi-annual profit distribution plan. According to the provisionsof the Stock Option and Restricted Share Incentive Plan (Draft Revised) for 2022, and with the authorization of the company'sAnnual General Meeting of Shareholders for 2021, the exercise price of stock options was jointly reviewed and approved by theBoard of Directors, and it has been adjusted from 15.657 Yuan/share to 15.473 Yuan/share.
3. The exercise conditions for the second exercise period of the company's 2022 stock option and restricted share incentive planhave been met. The exercise period is from July 11, 2024 to July 10, 2025. The exercise method is voluntary exercise. For details,please refer to the "Indicative Announcement on the Voluntary Exercise of the Second Exercise Period of the 2022 Stock Optionand Restricted Share Incentive Plan" disclosed by the company on Juchao Information Network on July 10, 2024. As ofSeptember 30, 2024, 12,380 stock options have been exercised in the second exercise period, and the company's total sharecapital has increased from 3,292,334,310 shares to 3,292,346,690 shares.IV. Quarterly Financial Statements(I) Financial Statements
1. Consolidated Balance Sheet
Prepared by: Zhejiang Dahua Technology Co., Ltd.
September 30, 2024
Unit: RMB
| Item | Closing Balance | Opening Balance |
| Current Assets: | ||
| Cash and Bank Balances | 8,965,269,014.67 | 15,971,005,114.47 |
| Deposit Reservation for Balance | ||
| Loans to Banks and Other Financial Institutions | ||
| Trading Financial Assets | 367,991,114.86 | 1,470,000.00 |
| Derivative Financial Assets | ||
| Notes receivable | 608,434,973.63 | 813,039,192.75 |
| Accounts receivable | 17,181,089,487.07 | 16,276,803,954.03 |
| Receivables Financing | 723,159,318.96 | 810,713,267.86 |
| Prepayments | 339,901,304.33 | 189,388,716.99 |
| Premium Receivable | ||
| Reinsurance Accounts Receivable | ||
| Reinsurance Contract Reserves Receivable | ||
| Other Receivables | 316,275,940.02 | 337,524,688.36 |
| Including: interest receivable | ||
| Dividends Receivable | 5,784,225.02 | |
| Buying Back the Sale of Financial Assets | ||
| Inventory | 6,019,242,901.64 | 5,332,608,544.02 |
| Among them: Data resources | ||
| Contract Assets | 100,133,893.54 | 86,714,216.34 |
| Holding for-sale assets | ||
| Non-current Assets Due within 1 Year | 257,042,202.23 | 303,454,116.40 |
| Other Current Assets | 642,057,999.35 | 939,374,868.31 |
| Subtotal of Current Assets | 35,520,598,150.30 | 41,062,096,679.53 |
| Non-current Assets: | ||
| Granting of loans and advances | ||
| Investment in Creditor's Rights | ||
| Investment in Other Creditor's Rights | ||
| Long-term Receivables | 796,816,674.37 | 946,659,309.70 |
| Long-term Equity Investment | 726,998,235.10 | 727,453,629.75 |
| Investment in Other Equity Instruments | ||
| Other Non-current Financial Assets | 1,187,293,242.95 | 1,535,742,385.71 |
| Investment Property | 141,574,760.35 | 129,637,004.00 |
| Fixed Assets | 4,955,756,535.70 | 4,937,180,876.88 |
| Projects under Construction | 1,228,521,630.12 | 1,008,612,408.49 |
| Productive Biological Assets | ||
| Oil and gas assets | ||
| Right-of-use asset | 245,133,098.36 | 299,202,586.56 |
| Intangible Assets | 577,526,998.01 | 594,679,018.11 |
| Among them: Data resources | ||
| Development Expenditure | ||
| Among them: Data resources | ||
| Goodwill | 6,615,294.18 | 6,615,294.18 |
| Long-term Deferred Expenses | 111,399,790.46 | 135,335,273.95 |
| Deferred Income Tax Assets | 1,207,979,205.30 | 1,287,903,482.65 |
| Other Non-Current Assets | 4,277,447,490.73 | 210,809,264.49 |
| Subtotal of Non-current Assets | 15,463,062,955.63 | 11,819,830,534.47 |
| Total assets | 50,983,661,105.93 | 52,881,927,214.00 |
| Current Liabilities: | ||
| Short-term loan | 1,295,000,000.00 | 957,426,330.18 |
| Borrowings from the Central Bank | ||
| Borrowings from Banks and Other Financial Institutions | ||
| Transactional financial liabilities | 3,319,240.55 | 61,400.12 |
| Derivative Financial Liabilities | ||
| Notes Payable | 3,603,100,014.98 | 3,296,294,946.26 |
| Accounts Payable | 5,252,853,406.31 | 5,815,123,195.55 |
| Received Prepayments | ||
| Contract liabilities | 1,125,435,556.31 | 1,194,534,307.04 |
| Financial Assets Sold for Repurchase | ||
| Deposit Taking and Interbank Deposit | ||
| Receiving from Vicariously Traded Securities | ||
| Receiving from Vicariously Sold Securities | ||
| Payroll payable | 955,527,886.37 | 1,933,955,631.12 |
| Tax Payable | 310,771,093.78 | 1,243,482,361.08 |
| Other Payables | 594,647,826.15 | 812,424,146.52 |
| Including: interest payable | ||
| Dividends Payable | 22,951,560.23 | 23,667,047.02 |
| Service Charge and Commission Payable | ||
| Reinsurance Accounts Payable | ||
| Holding for-sale liabilities | ||
| Non-current Liabilities Due within 1 Year | 128,691,999.39 | 901,722,028.75 |
| Other Current Liabilities | 140,723,666.93 | 155,182,705.02 |
| Subtotal of Current Liabilities | 13,410,070,690.77 | 16,310,207,051.64 |
| Non-current Liabilities: | ||
| Insurance Contract Reserves | ||
| Long-term loan | ||
| Bonds Payable | ||
| Including: Preferred Stocks | ||
| Perpetual Bonds | ||
| Lease liabilities | 119,740,094.32 | 176,580,049.57 |
| Long-term Payables | ||
| Long-term payroll payable | ||
| Expected Liabilities | 228,258,336.04 | 224,542,626.90 |
| Deferred Income | 160,049,024.56 | 166,711,673.04 |
| Deferred Income Tax Liabilities | 455,839.92 | 737,367.19 |
| Other Non-current Liabilities | 110,004,972.43 | 119,054,046.66 |
| Subtotal of Non-current Liabilities | 618,508,267.27 | 687,625,763.36 |
| Total Liabilities | 14,028,578,958.04 | 16,997,832,815.00 |
| Shareholders' Equity: | ||
| Share Capital | 3,292,346,690.00 | 3,294,468,990.00 |
| Other Equity Instruments | ||
| Including: Preferred Stocks | ||
| Perpetual Bonds | ||
| Capital Reserves | 7,245,483,824.19 | 7,124,125,996.49 |
| Less: Treasury Share | 564,654,524.63 | 746,699,863.45 |
| Other Comprehensive Incomes | 115,214,246.57 | 65,993,020.83 |
| Special Reserves | ||
| Surplus Reserves | 1,647,234,495.00 | 1,647,234,495.00 |
| General Risk Reserves | ||
| Undistributed Profits | 24,027,992,359.22 | 23,334,051,186.55 |
| Total Shareholders' Equity Attributable to the Parent Company | 35,763,617,090.35 | 34,719,173,825.42 |
| Minority Shareholders' Equity | 1,191,465,057.54 | 1,164,920,573.58 |
| Total Shareholders' Equity | 36,955,082,147.89 | 35,884,094,399.00 |
| Total Liabilities and Shareholders' Equity | 50,983,661,105.93 | 52,881,927,214.00 |
Legal representative: Fu Liquan Statutory representative: Xu Qiaofen Person in charge of the accounting institution: Zhu Zhuling
2. Consolidated Income Statement for the Period from the Beginning of the Year to the End of the ReportingPeriod
Unit: RMB
| Item | Amount Occurred in the Current Period | Amount Occurred in the Previous Period |
| I. Total Operating Revenue | 22,450,081,877.91 | 22,278,484,044.04 |
| Including: Operating Revenue | 22,450,081,877.91 | 22,278,484,044.04 |
| Interest Income | ||
| Earned Premiums | ||
| Service Charge and Commission Income | ||
| II. Total Operating Cost | 20,479,553,255.38 | 19,682,357,352.26 |
| Including: Operating Cost | 13,289,136,725.24 | 12,777,077,332.38 |
| Interest Expenditures | ||
| Service Charge and Commission Expenses | ||
| Surrender Value | ||
| Net Claims Paid | ||
| Extracted Net Amount of |
| Reserve for Insurance Liability | ||
| Policyholder Dividend Expense | ||
| Reinsurance Cost | ||
| Taxes and Surcharges | 158,769,418.18 | 177,294,208.00 |
| Sales Expenses | 3,517,742,685.53 | 3,425,427,717.75 |
| Administration expenses | 791,951,815.79 | 864,955,493.63 |
| Research and development expense | 2,963,468,860.53 | 2,747,587,038.30 |
| Financial costs | -241,516,249.89 | -309,984,437.80 |
| Including: interest expenses | 39,674,726.41 | 77,474,478.95 |
| Interest Income | 321,556,480.66 | 195,636,440.39 |
| Add: Other income | 715,671,983.83 | 620,883,016.92 |
| Investment Income (Mark "-" for Loss) | 200,387,783.50 | -88,930,817.84 |
| Including: Investment Income from Affiliates and Joint Ventures | 14,333,289.80 | -220,706,198.89 |
| Profits from recognition Termination of Financial Assets at Amortized Cost | -868,841.91 | -315,687.54 |
| Exchange Gains (Mark "-" for Losses) | ||
| Profit of Net Exposure Hedging (Mark "-" for Loss) | ||
| Incomes from changes in fair value (losses marked with "-") | 23,044,036.30 | 83,022,903.98 |
| Credit Impairment Losses (Mark "-" for Loss) | -273,581,881.25 | -202,741,060.32 |
| Asset Impairment Losses (Mark "-" for Loss) | -68,754,496.66 | -80,391,199.99 |
| Asset Disposal Income (Mark "-" for Loss) | 1,177,286.72 | 1,560,039.61 |
| III. Operating Profit (Mark "-" for Loss) | 2,568,473,334.97 | 2,929,529,574.14 |
| Add: Non-operating Revenues | 11,576,723.73 | 7,471,604.33 |
| Less: Non-operating Expenses | 5,200,907.98 | 5,181,888.81 |
| IV. Total Profit (Mark "-" for Total Loss) | 2,574,849,150.72 | 2,931,819,289.66 |
| Less: Income Tax Expense | -24,330,512.03 | 225,322,486.28 |
| V. Net Profit (Mark "-" for Net Loss) | 2,599,179,662.75 | 2,706,496,803.38 |
| (I) Classified by operation continuity | ||
| 1. Net Profit as a Going Concern (Mark "-" for Net Loss) | 2,599,179,662.75 | 2,706,496,803.38 |
| 2. Net Profit of Discontinued Operation (Mark "-" for Net Loss) | ||
| (II) Classified by the attribution of ownership | ||
| 1. Net Profit Attributable to Shareholders of Parent Company (Net Loss to be filled in as “-”) | 2,545,010,271.97 | 2,590,132,339.63 |
| 2. Minority Shareholders' Profit and Loss (Net Loss to be filled in as "-”) | 54,169,390.78 | 116,364,463.75 |
| VI. Net Amount of Other Comprehensive Incomes after Tax | 48,910,092.07 | -199,810.57 |
| Net Amount of Other Comprehensive Incomes after Tax Attributable to the Parent Company's Owner | 49,221,225.74 | -56,871.07 |
| (I) Other comprehensive income that cannot be reclassified into profit or loss | 941,710.18 | |
| 1. Re-measure the variation of the defined benefit plan | ||
| 2. Other comprehensive income that cannot be transferred to P/L under the equity method | 941,710.18 | |
| 3. Changes in the fair value of investment in other equity instruments | ||
| 4. Changes in the fair value of the credit risk of the enterprise | ||
| 5. Others | ||
| (II) Other comprehensive income that will be reclassified as P/L | 49,221,225.74 | -998,581.25 |
| 1. Other comprehensive income that can be transferred to P/L under the equity method | ||
| 2. Changes in the fair value of other creditor investments | ||
| 3. Financial assets reclassified into other comprehensive income | ||
| 4. Provisions for the credit impairment of investment in other creditor's rights | ||
| 5. Cash flow hedge reserves | ||
| 6. Foreign currency financial statement conversion difference | 49,221,225.74 | -998,581.25 |
| 7. Others | ||
| Net Amount of Other Comprehensive Incomes After Tax Attributable to Minority Shareholders | -311,133.67 | -142,939.50 |
| VII. Total Comprehensive Income | 2,648,089,754.82 | 2,706,296,992.81 |
| (I) Total Comprehensive Income Attributable to the Owner of the Parent Company | 2,594,231,497.71 | 2,590,075,468.56 |
| (II) Total Comprehensive Income Attributable to Minority Shareholders | 53,858,257.11 | 116,221,524.25 |
| VIII. Earnings per Share: | ||
| (I) Basic Earnings per Share | 0.78 | 0.82 |
| (II) Diluted Earnings per Share | 0.78 | 0.82 |
Legal representative: Fu Liquan Statutory representative: Xu Qiaofen Person in charge of the accounting institution: Zhu Zhuling
3. Consolidated Cash Flow Statement for the Period from the Beginning of the Year to the End of theReporting Period
Unit: RMB
| Item | Amount Occurred in the Current Period | Amount Occurred in the Previous Period |
| I. Cash Flow Generated by Operational Activities: | ||
| Cash from Sales of Merchandise and Provision of Services | 23,953,796,287.86 | 23,883,101,840.08 |
| Net Increase in Customer's Bank Deposits and Interbank Deposits | ||
| Net Increase in Borrowings from the Central Bank | ||
| Net Increase in Borrowings from Other Financial Institutions | ||
| Cash Arising from Receiving Premiums for the Original Insurance Contract | ||
| Net Amount Arising from Reinsurance Business | ||
| Net Increase in Deposits and Investments from Policyholders | ||
| Cash Arising from Interests, Service Charges and Commissions | ||
| Net Increase in Borrowings from Banks and Other Financial Institutions | ||
| Net Increase in Repurchase Business Funds | ||
| Net Amount of Cash Received from the Vicariously Traded Securities | ||
| Tax Refund | 913,794,211.98 | 829,406,103.23 |
| Other Cash Receipts Relating to Operating Activities | 1,053,722,520.92 | 930,003,416.52 |
| Subtotal of cash inflow from operational activities | 25,921,313,020.76 | 25,642,511,359.83 |
| Cash Paid for Merchandise and Services | 16,171,889,578.67 | 15,829,648,766.62 |
| Net Increase in Loans and Advances to Customers | ||
| Net Increase in Deposits with Central Bank and Other Financial Institutions | ||
| Cash Paid for Original Insurance Contract Claims | ||
| Net increase of funds lent | ||
| Cash Paid for Interests, Service Charges and Commissions | ||
| Cash Paid for Policy Dividends | ||
| Cash Paid to and for Employees | 6,181,340,629.44 | 5,476,008,617.90 |
| Cash Paid for Taxes and Surcharges | 1,947,752,603.44 | 1,390,361,176.28 |
| Other Cash Payments Relating to Operating Activities | 1,745,245,930.91 | 1,621,240,560.55 |
| Subtotal of cash outflow from operational activities | 26,046,228,742.46 | 24,317,259,121.35 |
| Net cash flow generated by operating activities | -124,915,721.70 | 1,325,252,238.48 |
| II. Cash Flow from Investment Activities: | ||
| Cash Arising from Disposal of Investments | 4,389,058,802.53 | 1,275,269,172.84 |
| Cash Arising from Investment Incomes | 23,994,083.48 | 28,199,284.38 |
| Net Cash Arising from Disposal of Fixed Assets, Intangible Assets and Other Long-term Assets | 1,475,177.62 | 3,985,726.76 |
| Net Cash Arising from Disposal of | 73,178,296.48 |
| Subsidiaries and Other Business Units | ||
| Other Cash Receipts Relating to Investing Activities | 30,549,909.77 | 7,731,220.78 |
| Subtotal of cash inflow from investment activities | 4,518,256,269.88 | 1,315,185,404.76 |
| Cash Paid for Purchase and Construction of Fixed Assets, Intangible Assets and Other Long-term Assets | 742,666,230.32 | 1,020,886,264.64 |
| Cash Paid for Investments | 8,236,759,253.43 | 1,223,451,286.75 |
| Net Increase in Pledge Loans | ||
| Net Cash Paid for Acquisition of Subsidiaries and Other Business Units | ||
| Other Cash Payments Relating to Investing Activities | 6,082,657.62 | 82,528,381.07 |
| Subtotal of cash outflows from investment activities | 8,985,508,141.37 | 2,326,865,932.46 |
| Net amount of cash flow generated by investment activities | -4,467,251,871.49 | -1,011,680,527.70 |
| III. Cash Flow from Financing Activities: | ||
| Cash Arising from Absorbing Investments | 193,833.66 | 5,505,773,563.01 |
| Including: Cash Arising from Subsidiaries Absorbing Investments by Minority Shareholders | 409,774,403.01 | |
| Cash Arising from Borrowings | 2,214,437,200.00 | 2,373,225,673.47 |
| Other Cash Receipts Relating to Financing Activities | ||
| Subtotal of cash inflow from financing activities | 2,214,631,033.66 | 7,878,999,236.48 |
| Cash Paid for Debts Repayment | 2,661,814,753.64 | 3,067,680,609.51 |
| Cash Paid for Distribution of Dividends and Profits or Payment of Interests | 1,889,155,961.29 | 850,997,501.96 |
| Including: Dividends and Profits Paid to Minority Shareholders by Subsidiaries | 7,978,707.94 | 1,104,770.95 |
| Other Paid Cashes Related to Financing Activities | 172,595,533.37 | 783,092,316.63 |
| Subtotal of cash outflow from financing activities | 4,723,566,248.30 | 4,701,770,428.10 |
| Net cash flow generated by financing activities | -2,508,935,214.64 | 3,177,228,808.38 |
| IV. Impact of Fluctuation in Exchange Rate on Cash and Cash Equivalents | 83,152,871.90 | 18,635,906.58 |
| V. Net Increase in Cash and Cash Equivalents | -7,017,949,935.93 | 3,509,436,425.74 |
| Add: Cash and Cash Equivalents at the Commencement of the Period | 15,880,659,594.95 | 7,878,465,052.63 |
| VI. Cash and Cash Equivalents at the End of the Period | 8,862,709,659.02 | 11,387,901,478.37 |
(II) Adjustments to relevant items of financial statements as of the beginning of the year inwhich the new accounting standards are first implemented starting in 2024
□ Applicable ? Not applicable
(III) Audit ReportWhether the Q3 report has been audited.
□ Yes ?No
The Q3 report of the Company has not been audited yet.
Board of Directors of Zhejiang Dahua Technology Co., Ltd.
October 26, 2024